| TSM latest price $91.5700 (0.78%) ($90.0000 - $91.9400) on Mon. Aug. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 67 |
Latest Price | $91.5700(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.8% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(69%) VUG(65%) VT(63%) VWO(60%) XLY(56%) |
Factors Impacting TSM price | TSM will decline at least -1.17% in a week (0% probabilities). VIXM(-39%) UUP(-32%) TBT(-12%) VXX(-10%) EDOC(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.17% (StdDev 2.34%) |
Hourly BBV | 2 () |
Intraday Trend | 1.7% |
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